Cost of living comparison
Bolivia is 54.6% cheaper than Iceland.
If you lived in Bolivia instead of Iceland, you would:
pay 66.2% less for restaurants
Iceland
|
Bolivia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,699
|
$3.17
BOB21.87
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,275
|
$6.97
BOB48.13
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK374
|
$1.02
BOB7.02
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK270
|
$0.76
BOB5.25
|
|
pay 52.5% less for groceries
Iceland
|
Bolivia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK436
|
$1.30
BOB9.00
|
|
Local cheese (8 oz) |
$6.72
ISK929
|
$2.66
BOB18.38
|
|
Milk (1 gallon) |
$6.27
ISK867
|
$3.48
BOB24.03
|
|
Eggs
1 dozen
|
$6.03
ISK834
|
$1.93
BOB13.37
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,051
|
$1.67
BOB11.52
|
|
Apples (1 lb) |
$1.13
ISK156
|
$0.89
BOB6.13
|
|
Bananas (1 lb) |
$1.01
ISK140
|
$0.45
BOB3.08
|
|
Oranges (1 lb) |
$1.15
ISK160
|
$0.54
BOB3.72
|
|
Tomatoes (1 lb) |
$1.71
ISK237
|
$0.64
BOB4.43
|
|
Potatoes (1 lb) |
$1.13
ISK156
|
$0.65
BOB4.48
|
|
Onions (1 lb) |
$0.68
ISK94
|
$0.46
BOB3.18
|
|
pay 59.5% less for transportation
Iceland
|
Bolivia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,164
|
$2.02
BOB13.97
|
|
Monthly public transit pass |
$68.29
ISK9,444
|
$26.17
BOB180.83
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,492,145
|
$16,174.39
BOB111,749.73
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,212
|
$13.68
BOB94.50
|
|
pay 63.3% less for housing
Iceland
|
Bolivia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,299
|
$48.31
BOB333.74
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK210,054
|
$311.39
BOB2,151.41
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK183,300
|
$215.91
BOB1,491.73
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,264
|
$30.22
BOB208.80
|
|
pay 35.8% less for childcare
Iceland
|
Bolivia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,259
|
$178.93
BOB1,236.26
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK828,886
|
$3,497.25
BOB24,162.67
|
|
pay 56.7% less for entertainment and sports
Iceland
|
Bolivia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,296
|
$1.94
BOB13.37
|
|
Cappuccino in mid-range area |
$4.61
ISK638
|
$2.50
BOB17.24
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,551
|
$2.89
BOB19.94
|
|
Monthly membership at local gym |
$60.00
ISK8,298
|
$40.81
BOB281.95
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,928
|
$6.69
BOB46.25
|
|
pay 48.0% less for clothing
Iceland
|
Bolivia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK14,967
|
$45.46
BOB314.11
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,260
|
$51.97
BOB359.06
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,320
|
$65.38
BOB451.72
|
|
Men's business shoes (leather) |
$169.24
ISK23,404
|
$58.33
BOB403.03
|
|
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